1031 Exchange

Worcester, MA 1031 Exchange Properties for Sale

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Shrewsbury, MA Millbury, MA West Boylston, MA Grafton, MA Auburn, MA Northborough, MA Boylston, MA Westborough, MA
Renovated 8-Unit Apartment Building
Updated: May 12
Renovated 8-Unit Apartment Building

605 Millbury St, Worcester, MA 01604

$2,135,000
10,308 sqft
Eight apartment units with three‑bedroom layouts, totaling 24 bedrooms
10,308 SF multifamily building at 605 Millbury St, Worcester, MA 01604
Two newly completed 3BR/2BA apartments
New plumbing, electrical, sprinkler, and fire alarm systems
Separate utilities, full insulation, and renovated kitchens and bathrooms
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See hot listings in Worcester

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Worcester, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Rental Property
Two-Unit Rental Property

57 Hazael St, Providence, RI 02908

$385,000
1,104 sqft

Two residential units feature separate layouts, while the basement adds storage, laundry space, and a full bathroom.

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5-Unit Apartment Building with Garage
5-Unit Apartment Building with Garage

145 Burnside Avenue, Woonsocket, RI 02895

$725,000
4,365 sqft 0.12 AC lot

Four units are updated, with separate utilities and off-street parking.

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Duplex with One-Car Garage
Duplex with One-Car Garage

57 Hazael Street, Providence, RI 02908

$385,000
1,104 sqft 0.07 AC lot

Each residence has a kitchen, living room, bedroom space, and a full bath.

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5-Unit Apartment Building with Garage
5-Unit Apartment Building with Garage

145 Burnside Avenue, Woonsocket, RI 02895

$725,000
0.12 AC lot

Mostly renovated multifamily property with separate utilities, off-street parking, and additional garage storage.

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Worcester, MA 1031 Exchange Properties Market Trends and Statistics

Explore 1 1031 exchange properties for sale in Worcester, MA on our real estate platform. These investment opportunities span a total of 10,308 square feet of properties for sale, with an estimated market value of $2,135,000.

Sale prices for 1031 exchange properties in Worcester, MA average $2,135,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

NNN properties 4
Wedding venues 3
1031 exchange properties 1
Day care centers 1
Schools 1

Demographics Overview

Population 211K
Population Growth (5Y) +11.9%
Median Household Income $69,313
College Educated 29.5%

Taxes & Financing

Tax Rate (average for all types) 2.83%
Property Tax per SF $30.23 per SF
Tax Rate vs County Average 1.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Worcester County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Worcester fall within the 25,000 to 50,000 square foot range.

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